CDM - the mark of 1 billion expected CERs is passed

CDM - the mark of 1 billion expected CERs is passed

Emission reductions from Kyoto Protocol’s Clean Development Mechanism pass the one billion tonnes mark

9 June 2006--According to the United Nations Climate Change Secretariat, the Kyoto Protocol’s clean development mechanism (CDM) is as of today estimated to generate around one billion tonnes of emission reductions by the end of 2012. “We have crossed an important threshold with these emission reductions”, said Richard Kinley, acting head of the United Nations Climate Change Secretariat. “It is now evident that the Kyoto Protocol is making a significant contribution towards sustainable development in developing countries”.

“Whilst the mechanism is seeing very strong growth, the growth is still too unevenly distributed amongst regions", said Janos Pasztor, acting coordinator for Project Based Mechanisms with the UN Climate Change Secretariat. "Governments are expected to address this issue with inputs from the CDM Executive Board at the upcoming United Nations Climate Change Conference in Nairobi in November", he said.

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